£340,740
This estimated value is based upon the latest sale price for the house of £270,000 on 17 Oct 2017. This value is then adjusted by the current Official House Price Index for LUTON 1
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386 Hitchin Road, Luton, LU2 7SR
Phone: 01582936653
| Price Paid | Date |
|---|---|
| £270,000 | 17 Oct 2017 |
| £150,000 | 19 Aug 2010 |
| Semi-Detached |
| Freehold |
| Floor Area: 86 sq meters or 935 sq feet |
This model uses changes in the Official Land Registry House Price Index for LUTON to estimate the market value.
When this house was purchased in October 2017 the House Price Index for LUTON was 117.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.200%.Applying this 26.200% change to the original purchase price of £270,000 results in an estimated price of approximately £340,740.
| 17 Oct 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.7 | 148.6 | 26.200 % | £270,000 | £70,740 | £340,740 |
The Postcode Pricing Model uses changes in average sales price within the LU2 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 7.986 % | £21,561 | £291,561 |
| 3 Month Average | -5.954 % | £-16,074 | £253,925 |
| 6 Month Average | 8.165 % | £22,046 | £292,046 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Sep 2023 | £253,238 | £250,000 | 72 POMFRET AVENUE |
| 25 Aug 2023 | £280,454 | £278,000 | 61 POMFRET AVENUE |
| 4 Aug 2023 | £324,842 | £322,000 | 73 POMFRET AVENUE |
| 26 Jun 2023 | £258,127 | £255,000 | 29 POMFRET AVENUE |
| 13 Feb 2023 | £244,835 | £245,000 | 42 POMFRET AVENUE |
This house has a floor area of 86 sq meters or 935 sq feet when measured on 1 Mar 2010. Using an estimated price of £340,740 means this house is valued at £3,921 per sq meter (£364 per sq foot).
The average size of a house on POMFRET AVENUE is 75 sq meters (814 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Pomfret Avenue |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Pomfret Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Falks Hill |
| Feb 2024 | Burglary | Under investigation | On or near Falks Hill |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Falks Hill |